Despite all the talk about the down payment assistance program disappearing October 1st 2008 Idaho mortgage rates are still holding steady. The national average is at 6.25% for a 30 year fixed rate.

Idaho mortgage brokers and Idaho Lenders are holding their breath to see if congress will pass a bill to support H.R. 6694 to Reform and Save DPA!


Should this loan program cease 50,000 hard-working, credit-worthy families will be denied the American dream of homeownership in October alone. The loss would further damage an ailing economy and fatally grieve an already crippled housing market—a housing market in which 40% of all current FHA Federal Housing Authority loans depend on DPA.

Idaho mortgage companies used the folks at AmeriDream and Nehemiah to help secure the down payment assistance commonly gifted by the seller.

If you would like to help us fight to save the DPA click the link below to write your Elected Officials today! It only takes minutes and time is running out!

http://capwiz.com/nehemia/issues/alert/?alertid=11709431

 

Lisa Kratz Apex Mortgage | Meridian, Idaho
| (208) 888-9251 | myIdahoHomeLoan.comApply Now

 

Permalink